SASOL Ltd is not looking good for now.

I don't trade stocks but friend of mine asked me what is my input for this stock. Clearly to me this is going down to S2 zone and then potentially to S3 i.e. ZAR8000. Not sure about fundamentals of this company or the rest of the financial analysis, and I am not planing to short it. But if consolidates around ZAR8000 this could be good entry point for long term position as he was willing to do it.

Please do your analysis before taking financial decision and use SL or Hedging.